4um: Social Security Will Not Be Able To Pay Promised Benefits By 2034

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Title: Social Security Will Not Be Able To Pay Promised Benefits By 2034
Source: [None]
URL Source: https://www.zerohedge.com/personal- ... ble-pay-promised-benefits-2034
Published: Sep 2, 2021
Author: Tyler Durden
Post Date: 2021-09-02 18:42:02 by Horse
Keywords: None
Views: 117
Comments: 7

Social Security faces a fiscal cliff in 2034... The only possible "solution" is to pretend.
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#2. To: Horse (#0)
With the inflation caused by fedgov's recent conjuring trillions of dollars, Social Security will be able to pay out "benefits" in relatively worthless money. Social Security "benefits" will NOT keep up with inflation.

StraitGate posted on 2021-09-02 20:32:31 ET Reply Untrace Trace Private Reply
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#3. To: StraitGate (#2)
Social Security "benefits" will NOT keep up with inflation.

Sad to say. Just be thankful the inflation rate will not be as bad as in Weimar Germany after the end of WW I.
Due to the sanctions of the Versailles Treaty, inflation was so bad you needed a wheelbarrow full of German Marks to buy a loaf of bread.
After Hitler invaded France he forced the French to sign the Armistice in the same rail car that Germany signed the Versailles Treaty. He did have a sense of irony. ;)

BTP Holdings posted on 2021-09-03 05:02:32 ET Reply Untrace Trace Private Reply
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